Role: Financial Controller – Medical Practice, Donegal.
Reporting to: The Practice Partners
Description: The Financial Controller will deal with all matters pertaining to Management Accounts, Credit Control and Payroll within the Practice.
Responsibilities
- Monitor cash flow, accounts, and other financial transactions.
- Reconcile accounts and any queries relating to accounts.
- Arrange and ensure payment of creditors.
- Oversee the execution of payroll.
- Prepare VAT and PAYE/PRSI/USC and all statutory returns by deadline dates.
- Compile reports of weekly / monthly cash flow for the business.
- Prepare suitable budgets and forecasts to aid business planning and oversee, review, and adhere to the budgets.
- To ensure that monthly invoicing and payment/bank reconciliations are up to date.
- Prepare monthly Management accounts by agreed deadlines.
- Manage aged debtors.
- Liaise with company auditors as necessary.
- File/Sort/Enter all Purchase Invoices.
- Supervise and direct administration staff in the facilitation of day-to-day accounts tasks, including tracking financial data, invoicing, payroll, etc.
- Oversee the financial operations of the Practice. Become familiar with the various revenue streams. Ensure that all practice grants and allowances are claimed in full and on time. Liaising with the Partners on a monthly basis and developing a business strategy for the Practice.
- Participate in ongoing education/courses designed to broaden one’s knowledge of Revenue streams for the practice.
- Ensure that all of the company’s financial practices are in line with statutory regulations and legislation.
- Seek out methods and practices to minimise financial risk.
- Create and maintain relationships with service providers and contractors, including banking institutions and accountants.
- Update and implement financial policies and procedures.
- Work closely with the Practice Partners on business decisions and plans.
- Manage accounting and monitor internal controls, including banking and finance activities, reporting and payment to taxing authorities, insurance recommendations, and related purchases.
- Compile and present the Company profit and loss accounts, including detailed variance analysis, projections, creditors, and sign-off payments when requested.
- Chairing regular meetings and reporting on finance and operations.
Person Specification
- Demonstrates drive, ambition, integrity, and initiative.
- Has excellent analytical skills and problem-solving skills.
- Has exceptional communication skills, both written and verbal; superior attention to
detail; organisational skills; planning skills; critical thinking skills; computer/systems
skills and multi-tasking skills. - Has a desire to lead and understands people and the way they behave.
- Has self-confidence in own decision-making ability.
- Has a cognitive capacity and an ability to work at a strategic and tactical level.
- Is commercial-driven and market-focused.
- Has an understanding of data privacy standards.
- Has in-depth knowledge of the business and the industry.
- Has a systems understanding of the business and an appreciation of the inherent
- interdependencies in the organisation.
- Has an ability to successfully lead the organisation through continuous change.
- Has the capacity to coach staff to improve performances.
- Has the ability to work with patients billing queries, tactfully and professionally.
Experience/Qualifications
- A minimum of 3 – 4 years in a similar Financial Controller / Financial Management
position. - Relevant accounting qualification (Degree level).
- Experience working in a team environment/managing a team.
- Experience working with systems and IT.
- Experience working in a medical practice would be an advantage.
Working Hours
Half time. 5 half days per week. Distance working for a portion of hours can be discussed.
Salary
Circa € 20,000 p/a based on half-time commitment.
Our Client is an equal opportunities employer.